Visa Likely To Report Higher Q2 Earnings, Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Visa Inc. V is expected to report its fiscal second quarter 2023 financial results after the closing bell on April 25, 2023.

Analysts expect the company to post quarterly earnings at $1.98 per share, up from year-ago earnings of $1.79 per share. The company’s revenue might come in at $7.79 billion.

Visa shares fell 0.6% to close at $232.76 on Monday and lost 0.3% in today’s pre-market trading session.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Keybanc analyst Josh Beck maintained an Overweight rating and boosted the price target of $250 to $260 on April 24, 2023. This analyst sees around 12% upside in the company’s stock and has an accuracy rate of 70%.
  • Citigroup analyst Ashwin Shirvaikar maintained a Buy rating and raised the price target from $265 to $270 on April 17, 2023. This analyst sees around 16% upside in the company’s stock and has an accuracy rate of 75%.
  • BMO Capital analyst James Fotheringham maintained an Outperform rating and increased the price target from $249 to $253 on Jan. 27, 2023. This analyst sees around 9% upside in the company’s stock and has an accuracy rate of 75%.
  • Barclays analyst Raimo Lenschow maintained an Overweight rating and boosted the price target from $266 to $270 on Jan. 30, 2023. This analyst sees around 16% upside in the company’s stock and has an accuracy rate of 69%.
  • Wells Fargo analyst Donald Fandetti maintained an Overweight rating and increased the price target from $250 to $265 on Jan. 27, 2023. This analyst sees around 14% upside in the company’s stock and has an accuracy rate of 69%.

 

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